Author: Steve Mnuchin

Quotes

We were the first bank to start a loan modification at IndyMac and had a very good record of working with the regulators.

We were the first bank to start a loan modification at IndyMac and had a very good record of working with the regulators.

- Steve Mnuchin

A stronger dollar increases U.S. dollar purchasing power.

A stronger dollar increases U.S. dollar purchasing power.

- Steve Mnuchin

To the extent the dollar gains strength relative to other currencies, assets priced in those other currencies would become cheaper on a dollar basis.

To the extent the dollar gains strength relative to other currencies, assets priced in those other currencies would become cheaper on a dollar basis.

- Steve Mnuchin

The most troubling loan we had was actually to the 'Octomom'. That was a terrible situation, and we worked very, very hard to move her to another home that they could afford.

The most troubling loan we had was actually to the 'Octomom'. That was a terrible situation, and we worked very, very hard to move her to another home that they could afford.

- Steve Mnuchin

From time to time, an excessively strong dollar may have negative short-term implications on the economy.

From time to time, an excessively strong dollar may have negative short-term implications on the economy.

- Steve Mnuchin

The strength of the dollar has historically been tied to the strength of the U.S. economy and the faith that investors have in doing business in America.

The strength of the dollar has historically been tied to the strength of the U.S. economy and the faith that investors have in doing business in America.

- Steve Mnuchin

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